Edison , NJ -- (SBWire) -- 04/13/2019 --The Mining truck is a specialized truck in the mining industry, with a huge dump body, gigantic wheels and several tons capacity with weight over 500 tons. Which is specifically engineered for high- production mining and heavy-duty construction, used for transporting construction equipment. Increase the development of mining truck technology across the globe with growing mined minerals, increasing the use of coal, with an increasing need for energy. The global mining truck mostly used for underground mining especially for coal transportation to dump stations.
Advance Market Analytics recently introduced Mining Truck Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2024. Mining Truck Market explores effective study on varied sections of Industry like opportunities, size, growth, technology, demand and trend of high leading players. It also provides market key statistics on the status of manufacturers, a valuable source of guidance, direction for companies and individuals interested in the industry.
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Major Key Players in This Report Include,
BAS Mining Trucks (Europe), Caterpillar (United States), European Truck Factory GmbH, H-E Parts International (United States), Hitachi Construction Machinery Co. (Japan), Komatsu Ltd. (Japan), Liebherr (United States), OJSC Belaz (Belarus), Terex Corporation (United States) and The Parker Bay Company (United States).
The report focuses on Global Mining Truck Market major leading industry players with information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. Upstream raw materials, equipment and downstream consumers analysis is also carried out. What's more, the market development trends and marketing channels are analyzed.
On the basis of geography, the market of Mining Truck has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Asia pacific region held largest market share in the year 2018. North America, EMEA on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement. If we see Market by Payload Capacity, the sub-segment i.e. 90-110 Metric Tons will boost the Mining Truck market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
The research methodology used to estimate and forecast the Mining Truck Market began with capturing data from the key vendors' revenue and market size of the individual segments through secondary sources, industry associations, and trade journals, such as the World Analytics Association and the Cloud Native Computing Foundation. The bottom-up procedure was employed to arrive at the overall market size of the market from the individual segments. After arriving at the overall market size, the total market was split into several segments and sub segments, which were then verified through primary research by conducting extensive interviews with the key industry personnel, such as Chief Executive Officers (CEOs), Vice Presidents (VPs), directors, and executives. The data triangulation and market breakdown procedures were employed to complete the overall market engineering process and arrive at the exact statistics for all the segments and sub segments.
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Strategic Points Covered in Table of Content of Mining Truck Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Mining Truck market
Chapter 2: Exclusive Summary – the basic information of the Mining Truck Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges of the Mining Truck
Chapter 4: Presenting the Mining Truck Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region 2013-2018
Chapter 6: Evaluating the leading manufacturers of the Mining Truck market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries in these various regions.
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
Finally, Mining Truck Market is a valuable source of guidance for individuals and companies.
Data Sources & Methodology
The primary sources involves the industry experts from the Mining Truck Market including the management organizations, processing organizations, analytics service providers of the industry's value chain. All primary sources were interviewed to gather and authenticate qualitative & quantitative information and determine the future prospects.
In the extensive primary research process undertaken for this study, the primary sources – Postal Surveys, telephone, Online & Face-to-Face Survey were considered to obtain and verify both qualitative and quantitative aspects of this research study. When it comes to secondary sources Company's Annual reports, press Releases, Websites, Investor Presentation, Conference Call transcripts, Webinar, Journals, Regulators, National Customs and Industry Associations were given primary weight-age.
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Mining Truck Market Growing Demand, Business Guideline and Manufacturers : BAS Mining Trucks, Caterpillar, European Truck Factory, Hitachi, Komatsu
Mining Truck Comprehensive Study by Type (Bottom Dump, Rear Dump, Lube, Tow, Water, Others), Application (Coal Mine, Iron Mine, Gold/Copper Mine, Aluminium Mine, Others), Payload Capacity (90-110 Metric Tons, 127-150 Metric Tons, 154-190 Metric Tons, 218-255 Metric Tons, 290 Metric Tons, 308-363 Metric Tons), Drive (Mechanical Drive, Electrical Drive), Type (Open-Cut Operations, Open-Pit Mining) Players and Region - Global Market Outlook to 2024